Avianca Holdings Reports Traffic Statistics for Its Airlines

BOGOTA, Colombia--(BUSINESS WIRE)--From January to February 2014, the affiliated companies of Avianca
Holdings S.A. (NYSE: AVH) (BVC: PFAVH) (*) carried 4,076,087 passengers,
a 2.4% increase over the same period in 2013. Capacity, measured in ASKs
(available seat kilometers), increased 5.2% while passenger traffic,
measured in RPKs (passenger revenue per kilometer flown), increased
1.6%, and the load factor increased to 79.4%.

In February, the subsidiary companies of Avianca Holdings transported
1,909,016 passengers, up 2.3% compared to February 2013. Capacity (ASKs)
increased 6.0% while passenger traffic (RPKs) increased 1.5%. The load
factor for the month was 77.3%.

Domestic markets in Colombia, Peru and Ecuador

From January to February 2014, the number of passengers carried by the
subsidiary airlines of Avianca Holdings within the domestic markets of
Colombia, Peru and Ecuador was 2,370,042, up 4.0% compared to the same
period in 2013. Capacity (ASKs) in these markets increased 7.3%, while
passenger traffic (RPKs) increased 4.5%, and the load factor was 77.4%.

In February, the subsidiary airlines of Avianca Holdings transported
within these markets a total of 1,132,406 travelers, up 4.0% compared to
February 2013. Capacity (ASKs) increased 5.6%, while passenger traffic
(RPKs) increased 3.9%, and the load factor was 77.6%.

International markets

From January through February 2014, the number of passengers carried on
international routes was 1,706,045, up 0.1% compared to the same period
in 2013. Capacity (ASKs) grew 4.7% while passenger traffic (RPKs)
increased 0.9%, and the load factor increased to 79.9%.

In February, the affiliated airlines of Avianca Holdings transported
776,610 passengers on international routes. Capacity (ASKs) increased
6.1% while passenger traffic (RPKs) grew about 0.9%, and the load factor
was 77.3%.

ASKs: Available Seat Kilometers

RPKs: Revenue Passenger Kilometers

The terms "Avianca Holdings" or "the Company" refer to the consolidated
entity.

The original source-language text of this announcement is the official,
authoritative version. Translations are provided as an accommodation
only, and should be cross-referenced with the source-language text,
which is the only version of the text intended to have legal effect.